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Electricity Companies Act 1997
19Arrangements with Minister
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19 Arrangements with Minister
(1) The Minister, with the approval of the Treasurer and the board of directors of a company, may enter into an agreement under which the company or its subsidiary agrees to perform, or to cease to perform, activities.
(2) The terms of the agreement may provide for compensation or other payment to the company or its subsidiary out of money provided by Parliament for the purpose.